Specific Lease Clauses Sample Clauses

Specific Lease Clauses. This Section addresses some common specific questions that often arise in preparing and negotiating leases. In addressing specific lease issues, attorneys need not only concern themselves with not just the specific lease term but also how they relate to the lease as a whole and with provisions of other leases. The use of overly landlord friendly leases is discussed above; however, there is a legitimate concern on the part of landlords to ensure consistency in leases to, among other reasons, to aid in administration of the lease and not needing to apply different provisions to each tenant. But despite landlord’s best efforts, most individual lease terms will be negotiated to some extent and negotiated in different ways by different tenants. The best real estate lawyers can use their knowledge of specific terms to make the negotiation process more efficient without giving up important rights of its clients. Given the overview nature of this paper, this list is not comprehensive and it could be argued that there are important provisions (such as insurance, condemnation, and casualty missing) but hopefully, this provides a helpful overview of the issues selected.
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Related to Specific Lease Clauses

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  • Mortgage Clause 1. If a mortgagee is named in this policy, any loss payable under Coverage A or B will be paid to the mortgagee and you, as interests appear. If more than one mortgagee is named, the order of payment will be the same as the order of precedence of the mortgages.

  • Early Construction of Base Case Facilities Developer may request Connecting Transmission Owner to construct, and Connecting Transmission Owner shall construct, subject to a binding cost allocation agreement reached in accordance with Attachment S to the ISO OATT, including Section 25.8.7 thereof, using Reasonable Efforts to accommodate Developer’s In-Service Date, all or any portion of any System Upgrade Facilities or System Deliverability Upgrades required for Developer to be interconnected to the New York State Transmission System which are included in the Base Case of the Class Year Study for the Developer, and which also are required to be constructed for another Developer, but where such construction is not scheduled to be completed in time to achieve Developer’s In-Service Date.

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